Emaar Misr Development achieved revenues that exceeded expectations in 2019.
According to Al Bayan newspaper, the company’s revenues for the whole of last year amounted to 5.5 billion Egyptian pounds, about 1,292 billion dirhams, while it was estimated that these revenues would reach a maximum of 4.23 billion Egyptian pounds, about 993 million dirhams.
The net profit of the company for the whole of 2019 amounted to 1.74 billion Egyptian pounds, about 409 million dirhams.
The company also recorded a 23.9% growth in total sales throughout 2019, with sales amounting to 15.7 billion pounds, about 3.7 billion dirhams.
